Alpha Modus (NASDAQ:AMOD) Sets New 52-Week Low – Here’s Why

Alpha Modus Holdings, Inc. (NASDAQ:AMOD)’s share price reached a new 52-week low on Monday . The company traded as low as $0.1313 and last traded at $5.7950, with a volume of 511130 shares changing hands. The stock had previously closed at $0.0033.

Wall Street Analyst Weigh In

A number of research firms have weighed in on AMOD. Maxim Group started coverage on shares of Alpha Modus in a research note on Wednesday, March 25th. They issued a “buy” rating and a $0.04 price objective on the stock. Wall Street Zen lowered shares of Alpha Modus from a “hold” rating to a “sell” rating in a research report on Monday, March 16th. Finally, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Alpha Modus in a research report on Friday, March 27th. One research analyst has rated the stock with a Buy rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $0.04.

Alpha Modus Trading Up 174,203.0%

The stock’s fifty day moving average is $0.01 and its two-hundred day moving average is $0.01. The firm has a market cap of $948.42 million, a P/E ratio of -16.65 and a beta of 0.51.

Alpha Modus (NASDAQ:AMOD) last posted its earnings results on Thursday, May 14th. The company reported ($0.08) earnings per share for the quarter.

Hedge Funds Weigh In On Alpha Modus

A number of hedge funds and other institutional investors have recently bought and sold shares of AMOD. Polar Asset Management Partners Inc. purchased a new position in Alpha Modus in the 4th quarter worth approximately $62,000. Millennium Management LLC bought a new stake in Alpha Modus in the 3rd quarter worth $118,000. Geode Capital Management LLC grew its holdings in Alpha Modus by 12.6% in the 4th quarter. Geode Capital Management LLC now owns 340,282 shares of the company’s stock worth $157,000 after acquiring an additional 38,131 shares during the last quarter. Finally, XTX Topco Ltd purchased a new stake in Alpha Modus in the second quarter worth $25,000. Hedge funds and other institutional investors own 15.94% of the company’s stock.

Alpha Modus Company Profile

Alpha Modus Holdings, Inc operates as a blank check company. The company was founded on December 13, 2024 and is headquartered in Cornelius, NC.